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Expanding the Welfare System: A Proposal for Reform

Orszag, Mike; Snower, Dennis J. - C.E.P.R. Discussion Papers - 1997

This proposal involves the establishment of ‘welfare accounts’ for every person in a country. There are four accounts: a retirement account (covering pensions), an unemployment account (covering unemployment support), a human capital account (covering education and training), and a health...

Persistent link: https://www.econbiz.de/10005661484

Private, social and self-insurance for long-term care in the presence of family help: A political economy analysis

De Donder, Philippe; Pestieau, Pierre - C.E.P.R. Discussion Papers - 2013

We study the political determination of the level of social long-term care insurance when voters also choose private insurance and saving amounts. Agents differ in income, probability of becoming dependent and of receiving family help. Social insurance redistributes across income and risk...

Persistent link: https://www.econbiz.de/10011083512

Wealth Holdings and Portfolio Allocation of Older Couples: The Role of Spouses’ Marital History

Ulker, Aydogan - Research School of Economics, College of Business and … - 2004

This paper analyses the role of the elderly couples’ past marital history in determining their current wealth holdings … women, in the “long run” it turns out to be statistically insignificant for both gender groups. Therefore, the elderly … allocated to that asset might significantly vary depending on the elderly couples’ marital experience. Most importantly, the …

Persistent link: https://www.econbiz.de/10004968013

Personal Pensions with Risk sharing: Affordable, Adequate and Stable Private Pensions in Europe

Bovenberg, A Lans; Nijman, Theo E - C.E.P.R. Discussion Papers - 2015

Private pension provision faces the challenging task of providing stable income streams during retirement. The challenge has increased markedly in the last decades due to volatile financial markets, falling interest rates and the withdrawal of employers and external insurers as risk bearers of...

Persistent link: https://www.econbiz.de/10011252616

Does Raising the Retirement Age Increase Employment of Older Workers?

Staubli, Stefan; Zweimüller, Josef - C.E.P.R. Discussion Papers - 2011

This paper studies how an increase in the minimum retirement age affects the labor market behavior of older workers. Between 2000 and 2006 the Austrian government gradually increased the early retirement age from 60 to 62.2 for men and from 55 to 57.2 for women. Using administrative data on the...

Persistent link: https://www.econbiz.de/10009275966

Retirement of Spouses and Social Security Reform

Falkinger, Josef; Winter-Ebmer, Rudolf; Zweimüller, Josef - C.E.P.R. Discussion Papers - 1994

The retirement decisions of spouses may be interdependent for various reasons: similarity of tastes, joint assets, sharing rules for income and housework, or complementarity of leisure. Because of data limitations, only a few empirical studies exist on this topic. From a policy point of view...

Persistent link: https://www.econbiz.de/10005123559

Endogenous Fertility Policy

Booth, Alison L; Sepulveda, Facundo - C.E.P.R. Discussion Papers - 2004

In this Paper, we study the role of subsidies to fertility in ensuring the political viability of unfunded social security (SS). In our model, agents are heterogeneous in age and income. Young generations confront promises made previously by older generations, and in turn choose current levels...

Persistent link: https://www.econbiz.de/10005123867

The Benefits of Separating Early Retirees from the Unemployed: Simulation Results for Belgian Wage Earners

Desmet, Raphael; Jousten, Alain; Perelman, Sergio - C.E.P.R. Discussion Papers - 2005

indicators of redistribution within the group of the elderly. We find that the extra budgetary gain of exposing this subgroup to …

Persistent link: https://www.econbiz.de/10005123962

Funded and Unfunded Pensions: Risk, Return and Welfare

Miles, David K - C.E.P.R. Discussion Papers - 2000

This paper uses stochastic simulations on calibrated models to assess the optimal degree of reliance on funded pensions and on a particular type of unfunded (PAYG) pension. Surprisingly little is known about the optimal split between funded and unfunded systems when there are sources of...

Persistent link: https://www.econbiz.de/10005067559

Fatal Attraction? Access to Early Retirement and Mortality

Kuhn, Andreas; Wuellrich, Jean-Philippe; Zweimüller, Josef - C.E.P.R. Discussion Papers - 2010

We estimate the causal effect of early retirement on mortality for blue-collar workers. To overcome the problem of endogenous selection, we exploit an exogenous change in unemployment insurance rules in Austria that allowed workers in eligible regions to withdraw from the workforce up to 3.5...

Persistent link: https://www.econbiz.de/10008677238

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